Margaret Fernandez
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40699 Mary Lake Road, Emily, MN 56447

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Listed By

Agency Name: Compass
Agency Phone: 952-283-0644

Shown By

Agent Name: Margaret Fernandez
Agent Phone: (763) 221-4841
Agency Title: Counselor Realty

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Property Description

Rare opportunity to own a large lakefront parcel on desirable Lake Mary with approximately 200 feet of shoreline. This unique property offers immediate usability with an existing cabin while providing excellent long-term potential for future improvements. The current cabin is situated near the water and works well as a seasonal getaway, guest cabin, or interim use property. The north portion of the lot offers ample space to build a new cabin, garage with bunkhouse, or create a custom lakefront retreat (subject to local approvals).With lakefront lot values in the area typically ranging from $275K?$325K, this property presents a compelling opportunity to secure premium frontage with added flexibility and upside. Whether you're looking for an entry point onto Lake Mary, a future build site, or a property to enjoy now and improve over time, this is a unique offering with strong potential. Beyond the property itself, enjoy easy access to golf courses, ATV and snowmobile trails, world-class mountain biking at Cuyuna, excellent fishing, nearby wildlife areas, and numerous dining and recreation opportunities throughout the Emily, Outing, Crosslake, and Fifty Lakes communities.See additional supplements. Some photos virtually staged.

40699 Mary Lake Road | MLS# 7035712

This single family home located at 40699 Mary Lake Road, Emily, MN 56447 is currently listed for sale with an asking price of $449,900. This property was built in 1989 and has 1 bedrooms and 2 full baths with 1040 sq. ft. Mary Lake Road is located within the Crosby-Ironton school district. Search Emily real estate on mfernandez.counselorrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Crawl Space
Cooling: Central Air
Fireplaces: 1
Fuel Type: Propane
Heating: Forced Air
Lot Size: 0.89 Acres
Roof Type: Age 8 Years or Less
Stories: 2.0
Taxes: $1,552
Year Built: 1989

Feature Descriptions

Additional Structures: Storage Shed
Appliances: Cooktop, Dryer, Microwave, Refrigerator, Washer
Bath: Main Floor 3/4 Bath, Upper Level Full Bath
Bathrooms 3/4: 1
Bathrooms Full: 1
Days on Site: 39
Down Payment Resource: Yes
Fencing: Chain Link
Fireplace: Electric, Living Room
Foundation Size: 488
Lot: Tree Coverage - Medium
Lot Dimensions: irregular
Parcel#: 74300521
Parking: Gravel
Sewer: Septic System Compliant - Yes
Special View Info: Lake View
Water: Well
Water Features: Lake Front

Room Sizes

Deck: 16x8
Bedroom: 15x14
Kitchen: 8x8
Living Room: 18x16
Loft: 16x8

Local Schools

School District: Crosby-Ironton

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Estimated Payment

$ 2,655.11 per month $2,394.56 Principal & Interest $129.33 Property Tax $131.22 Homeowner's Insurance

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